Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada remain at very high levels heading into the New Year, but little is actually trading as feedlots fill up with cheaper corn from the U.S. “The volume trading of Canadian feed grains has dropped significantly,” said Jim Beusekom, of Market Place Commodities at Lethbridge, noting about 80 […] Read more
Feed weekly outlook: Bids high, but limited supplies mean little moving
U.S. grains: Soybeans hit three-week top as soyoil climbs
Wheat, corn futures end higher
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures touched a three-week top on Thursday as soyoil futures rose two per cent and hit their highest in a week on signs of tightening U.S. vegetable oil supplies and fresh export demand, traders said. Wheat futures rose by nearly two per cent, bouncing back from a four per […] Read more
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
Growing wheat in Eastern Canada
Public wheat breeding is gaining steam in the East with aggressive new variety goals
Reading Time: 6 minutes It’s been an incredible 20 months for researchers working with wheat in Canada and around the world. In that time, the industry has seen the release of its first transgenic variety (a drought-tolerant wheat in Argentina), and it has also wrapped up more than 13 years of mapping the wheat genome. The latter is a […] Read more
U.S. grains: Soy, corn down on technical selling, Argentine rains
CBOT wheat up off Friday's drop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Monday and corn futures also declined on a mix of technical selling after last week’s advances and improving prospects for South American production, analysts said. Wheat futures rose on bargain-buying after dipping to a six-week low on Friday. Chicago Board of Trade […] Read more
U.S. grains: Wheat bounces from lowest in a month
Corn weak, soybeans firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded from a one-month low on Friday, gaining 1.1 per cent on a round of bargain-buying and renewed interest on the export market, traders said. Soybeans also were firm but corn was weaker on a technical setback. News that Chinese buyers had booked a large amount of feed […] Read more
CBOT weekly outlook: No significant revisions in new U.S. WASDE report
Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture (USDA) held its world agriculture supply and demand estimates (WASDE) mostly steady for the month of December — which may result in a lack of price movement on the markets. In its WASDE report released Thursday, USDA projects 598 million bushels of ending domestic wheat stocks for the […] Read more
U.S. grains: Wheat futures drop on weather view
CBOT corn, soybean futures rise
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade winter wheat futures fell 1.7 per cent on Wednesday as forecasts for mild temperatures and some rain in key growing areas raised hopes that the crop will be in good condition before it heads into dormancy, traders said. “U.S. weather for wheat looks pretty good,” said Terry […] Read more
U.S. grains: CBOT soybeans drop
Corn, wheat up off early weakness
Reading Time: < 1 minute Chicago | Reuters — U.S. soybean futures fell on Tuesday, pressured by signs of rising competition on the export market that could lead to a domestic supply glut, traders said. Forecasts for improving crop weather in Brazil and Argentina during January also weighed on the market. Corn and wheat futures ended firm after spending much […] Read more
U.S. grains: Corn, soybeans fall in risk-off trade
Chicago winter wheat firms
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Monday, with concerns about the spread of Omicron coronavirus variant causing investors to take some risk out of the market, traders said. U.S. Commodity Futures Trading Commission (CFTC) data released on Friday afternoon that showed large speculators cut their net longs in both commodities […] Read more
A message from April Stewart, Country Guide's Associate Editor
